Recent News

Visit this page to stay up to date with the bank as well as read educational articles on various topics!

 

Can I Buy That With Bitcoin?

If you haven’t heard this question, you will soon. There are an increasing number of companies who now accept online purchases with digital currency, widely known as cryptocurrencies. The world’s first and best-known cryptocurrency is Bitcoin, followed by Ethereum and also, surprisingly, Dogecoin.

How Do You Budget?

If you want to take control of your money, you need to make a budget. We prefer to call this a spending plan. After all, you make the money; you should decide how it is spent. Creating this plan can seem overwhelming. What might work for one person may not work for you. In addition, a solid budget can help reduce the stress and worry caused by too many obligations and too little cash.

Be Prepared This Hurricane Season

Hurricane season is here once again. Here are some helpful tips for you and your family this summer:

Be sure you can access your bank accounts in an emergency
Now is the time to enroll in Gulf Coast Bank's Digital Banking if you haven't already. You can do this for both personal and business accounts. Make sure you download our Mobile Banking App as well on your smart phone or tablet for access to your accounts anywhere. If you need cash, Gulf Coast Bank is a member of the Community Cash Network. This gives you access to over 700 ATMs throughout seven states without paying ATM surcharge fees.

Follow Gulf Coast Bank & Trust on social media
It's easy to keep up with notices like closures or disaster assistance by following Gulf Coast Bank on Facebook, Instagram, and Twitter

Make a plan for evacuating and one for sheltering in place
Depending on a storm's intensity and your ability to be mobile, you will want to have a plan for leaving as well as one for staying safely. You can read more on how to create these plans for you and your family here.

Giving Matters

This summer you may be going on vacations, starting a home renovation project, or just simply performing daily tasks that life throws at you. At the bank, we are busy collecting auction items for our annual month-long Auctions in August event where the proceeds will go to hundreds of non-profits because... giving matters.

Inflation

It is here and it is real. Inflation means that prices are going up for the things that we use and buy. The best and most obvious examples are groceries and gasoline. When you get to the checkout counter, your grocery bill is higher than it was last month. When you fill your car with gas, the price is higher as well.

4 Smart Money Moves for College Graduates

College graduates are beginning to enter a very strange job market. The unemployment rate is high, but not because of a shortage of jobs. Some potential workers are afraid to return because of health concerns, some do not have childcare, and others are enjoying unemployment benefits.

Can I Afford a Vacation

In general, you need to carefully consider all of your options before you vacation and with a little effort you should be able to afford one. As always, feel free to contact one of our bankers today to discuss banking products that may fit into your financial plan.

FOMO and Real Estate

FOMO, or the "fear of missing out," is one of many reasons why the residential real estate market bubble is growing so rapidly. Homes are selling quickly, often above asking price. There are even more realtors than properties listed for sale. While FOMO will always be evident, there are three other reasons why properties are selling so quickly.

Surviving Inflation

Expect to see inflation and higher taxes in the next few years following the U.S. government spending programs enacted to bring relief to our economy during COVID-19.

Tips for Filing 2020 Taxes

The due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. Here are some tips to help you file:

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